Private Wealth. Author. Economist.
Joined March 2010
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Rick Bueter retweeted
Social Security will go insolvent in six years unless _____.
The smartest conversation you'll see today about our $40 TRILLION national debt: youtube.com/live/EcH15J4sdtM…
Rick Bueter retweeted
🚨 The @USCBO estimates that every dollar of federal borrowing “crowds out” about 33 cents of private investment. #DebtFacts
Rick Bueter retweeted
Nearly $2,000. By my calculation, that is what the Iran war has cost the average American household since the war began nearly eight months ago. Nationwide, that adds up to $265 billion.
Rick Bueter retweeted
New today via IG report:
After leak of confidential tax documents of wealthy people (and after it was clear that leak came from inside IRS), dozens of IRS employees peeked at records of celebs, gov officials, biz leaders. No indication of disclosure.
wsj.com/politics/policy/irs-…
Rick Bueter retweeted
A sudden cut to Social Security checks (long seen as a far-off doomsday) is now an imminent problem for the next president and whomever voters send to Congress in the coming years.
The trust fund that bankrolls monthly checks to retirees is set to be drained of reserves in 2032.
That means tens of millions of Americans age 62+ will see their monthly payments shrink by more than 20%.
politico.com/news/2026/08/27…
Rick Bueter retweeted
New Jersey Has America's Highest Lifetime Taxes: $1.36 Million zerohedge.com/personal-finan…
Rick Bueter retweeted
Risk management 101—every exposure should have a limit, even when you’re sure nothing could go wrong. After all, the Titanic sank and AAA mortgage bonds went to zero. I worry about the market’s (and the economy’s) unlimited appetite for exposure to the positive AI revenue story.
Rick Bueter retweeted
We estimate the Trump administration’s tariffs will increase taxes by an average of $840 per US household in 2026.
Rick Bueter retweeted
The data centers should just fund power plans that become public property and create free electricity for the citizens of the state.
Rick Bueter retweeted
Neither party will touch SocSec & Medicare.
Both parties want to cut taxes for bottom 95% of earners.
Republicans want a 40% defense hike.
Democrats want aggressive social spending hikes.
Debt interest costs will exceed $1 trillion.
Huge deficits are a deliberate policy choice.
Rick Bueter retweeted
Trump Weighs Call for Capital Gains Tax Cuts as Midterm Boost news.bloombergtax.com/daily-…
We are not making America Great. We are making America weak. The politicians in Congress have made our country a dependent nation even dependent on our enemies to finance us.
I spoke with @wealthion on why the AI bubble may burst:
“The US 10-year Treasury yield is soaring. As a result, the discount rate is rising, lowering the present value of free cash flows. This is a threat that could begin popping bubbles in the market.”
nitter.cf/steve_hanke/status/208…
Rick Bueter retweeted
The U.S. is no longer a massive outlier in defense spending compared to Europe. This year's U.S. defense spending is 2.8% of GDP, which is our lowest share of GDP since before World War II - and it will be further squeezed by deficits. All in an increasingly dangerous world.
Defence spending across Europe differs widely. Seeing what Ukraine has to pull off is quite remarkable. Source: mapsinterlude.wordpress.com/
RT @wolfofwolfst: Why the US-Japan Joint Intervention to Prop Up the Yen? Fear of Treasury Yields Blowing Out if Japan Becomes a Forced Sel…
Rick Bueter retweeted
The outcome of the United States, being financially dependent on others to fund the debt. The problem is everything downstream from interest rates, basically the entire domestic economy and stock market.
It's not just children. Americans should expect higher taxes on retirement savings. Means based testing used on Roth IRAs, and the return of social security benefits for those with means.
